About Simsolid
Simsolid is a company based in Newport Beach (United States) founded in 2015 was acquired by Altair in October 2018.. Simsolid operates in a competitive market with competitors including AnalySwift, nCode, SmartUQ, EDEM Simulation and Simright, among others.
- Headquarter Newport Beach, United States
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Funding Insights of Simsolid
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Seed - Simsolid | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simsolid
Simsolid has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Altair and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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AI-powered data science platform enables model deployment and analytics insights.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simsolid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Simsolid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simsolid Comparisons
Competitors of Simsolid
Simsolid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AnalySwift, nCode, SmartUQ, EDEM Simulation and Simright, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of composite modeling software for structural analysis and virtual testing
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| domain | founded_year | HQ Location |
Software solutions for fatigue and durability testing are provided.
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| domain | founded_year | HQ Location |
Uncertainty quantification for complex system simulations is provided.
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| domain | founded_year | HQ Location |
Discrete Element Method software for bulk material simulation is provided.
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| domain | founded_year | HQ Location |
Cloud-based 3D structural analysis software is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Simsolid
When was Simsolid founded?
Simsolid was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Simsolid located?
Simsolid is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
What does Simsolid do?
Simsolid corporation provides structural simulation software for designers. Simsolid directly works on large CAD assembly and complex geometry systems and doesnt use a mesh. The product features are: analyze on CAD geometry directly, performance tuned for large assemblies unlike FEA, automatic adaptive process for accuracy, direct CAD integration and supports analysis in the design workflow.
Who are the top competitors of Simsolid?
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